CGNX
Price
$36.13
Change
+$0.36 (+1.01%)
Updated
Dec 23, 04:59 PM (EDT)
52 days until earnings call
MLAB
Price
$135.69
Change
+$3.61 (+2.73%)
Updated
Dec 23, 04:59 PM (EDT)
49 days until earnings call
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CGNX vs MLAB

Header iconCGNX vs MLAB Comparison
Open Charts CGNX vs MLABBanner chart's image
Cognex
Price$36.13
Change+$0.36 (+1.01%)
Volume$21.34K
CapitalizationN/A
Mesa Laboratories
Price$135.69
Change+$3.61 (+2.73%)
Volume$1.24K
CapitalizationN/A
CGNX vs MLAB Comparison Chart
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CGNX
Daily Signalchanged days ago
Gain/Loss if bought
Show more...
MLAB
Daily Signalchanged days ago
Gain/Loss if bought
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CGNX vs. MLAB commentary
Dec 24, 2024

To compare these two companies we present long-term analysis, their fundamental ratings and make comparative short-term technical analysis which are presented below. The conclusion is CGNX is a Hold and MLAB is a Hold.

COMPARISON
Comparison
Dec 24, 2024
Stock price -- (CGNX: $35.77 vs. MLAB: $132.08)
Brand notoriety: CGNX and MLAB are both not notable
Both companies represent the Electronic Equipment/Instruments industry
Current volume relative to the 65-day Moving Average: CGNX: 226% vs. MLAB: 344%
Market capitalization -- CGNX: $7.17B vs. MLAB: $591.89M
CGNX [@Electronic Equipment/Instruments] is valued at $7.17B. MLAB’s [@Electronic Equipment/Instruments] market capitalization is $591.89M. The market cap for tickers in the [@Electronic Equipment/Instruments] industry ranges from $109.85B to $0. The average market capitalization across the [@Electronic Equipment/Instruments] industry is $5.71B.

Long-Term Analysis

It is best to consider a long-term outlook for a ticker by using Fundamental Analysis (FA) ratings. The rating of 1 to 100, where 1 is best and 100 is worst, is divided into thirds. The first third (a green rating of 1-33) indicates that the ticker is undervalued; the second third (a grey number between 34 and 66) means that the ticker is valued fairly; and the last third (red number of 67 to 100) reflects that the ticker is undervalued. We use an FA Score to show how many ratings show the ticker to be undervalued (green) or overvalued (red).

CGNX’s FA Score shows that 1 FA rating(s) are green whileMLAB’s FA Score has 0 green FA rating(s).

  • CGNX’s FA Score: 1 green, 4 red.
  • MLAB’s FA Score: 0 green, 5 red.
According to our system of comparison, CGNX is a better buy in the long-term than MLAB.

Short-Term Analysis

It is best to consider a short-term outlook for a ticker by using Technical Analysis (TA) indicators. We use Odds of Success as the percentage of outcomes which confirm successful trade signals in the past.

If the Odds of Success (the likelihood of the continuation of a trend) for each indicator are greater than 50%, then the generated signal is confirmed. A green percentage from 90% to 51% indicates that the ticker is in a bullish trend. A red percentage from 90% - 51% indicates that the ticker is in a bearish trend. All grey percentages are below 50% and are considered not to confirm the trend signal.

CGNX’s TA Score shows that 4 TA indicator(s) are bullish while MLAB’s TA Score has 6 bullish TA indicator(s).

  • CGNX’s TA Score: 4 bullish, 6 bearish.
  • MLAB’s TA Score: 6 bullish, 3 bearish.
According to our system of comparison, MLAB is a better buy in the short-term than CGNX.

Price Growth

CGNX (@Electronic Equipment/Instruments) experienced а -3.53% price change this week, while MLAB (@Electronic Equipment/Instruments) price change was +3.54% for the same time period.

The average weekly price growth across all stocks in the @Electronic Equipment/Instruments industry was -1.27%. For the same industry, the average monthly price growth was +0.32%, and the average quarterly price growth was +3.23%.

Reported Earning Dates

CGNX is expected to report earnings on Feb 13, 2025.

MLAB is expected to report earnings on Feb 10, 2025.

Industries' Descriptions

@Electronic Equipment/Instruments (-1.27% weekly)

This industry manufactures electronic products used in various critical and sophisticated technologies, including laser-based systems, circuit and continuity testers, electro-optical measuring instruments and high-speed precision weighing and inspection equipment. Some major companies operating in this business are Canon Inc., Keysight Technologies Inc., and Fortive Corp.

SUMMARIES
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FUNDAMENTALS
Fundamentals
CGNX($7.17B) has a higher market cap than MLAB($592M). MLAB has higher P/E ratio than CGNX: MLAB (660.35) vs CGNX (64.23). MLAB YTD gains are higher at: 26.759 vs. CGNX (-13.665). CGNX has higher annual earnings (EBITDA): 145M vs. MLAB (38.9M). CGNX has more cash in the bank: 332M vs. MLAB (28.2M). CGNX has less debt than MLAB: CGNX (78.6M) vs MLAB (236M). CGNX has higher revenues than MLAB: CGNX (838M) vs MLAB (213M).
CGNXMLABCGNX / MLAB
Capitalization7.17B592M1,212%
EBITDA145M38.9M373%
Gain YTD-13.66526.759-51%
P/E Ratio64.23660.3510%
Revenue838M213M393%
Total Cash332M28.2M1,177%
Total Debt78.6M236M33%
FUNDAMENTALS RATINGS
CGNX vs MLAB: Fundamental Ratings
CGNX
MLAB
OUTLOOK RATING
1..100
5050
VALUATION
overvalued / fair valued / undervalued
1..100
50
Fair valued
94
Overvalued
PROFIT vs RISK RATING
1..100
100100
SMR RATING
1..100
8198
PRICE GROWTH RATING
1..100
7838
P/E GROWTH RATING
1..100
1386
SEASONALITY SCORE
1..100
50n/a

Tickeron ratings are formulated such that a rating of 1 designates the most successful stocks in a given industry, while a rating of 100 points to the least successful stocks for that industry.

CGNX's Valuation (50) in the Electronic Production Equipment industry is somewhat better than the same rating for MLAB (94) in the Medical Specialties industry. This means that CGNX’s stock grew somewhat faster than MLAB’s over the last 12 months.

CGNX's Profit vs Risk Rating (100) in the Electronic Production Equipment industry is in the same range as MLAB (100) in the Medical Specialties industry. This means that CGNX’s stock grew similarly to MLAB’s over the last 12 months.

CGNX's SMR Rating (81) in the Electronic Production Equipment industry is in the same range as MLAB (98) in the Medical Specialties industry. This means that CGNX’s stock grew similarly to MLAB’s over the last 12 months.

MLAB's Price Growth Rating (38) in the Medical Specialties industry is somewhat better than the same rating for CGNX (78) in the Electronic Production Equipment industry. This means that MLAB’s stock grew somewhat faster than CGNX’s over the last 12 months.

CGNX's P/E Growth Rating (13) in the Electronic Production Equipment industry is significantly better than the same rating for MLAB (86) in the Medical Specialties industry. This means that CGNX’s stock grew significantly faster than MLAB’s over the last 12 months.

TECHNICAL ANALYSIS
Technical Analysis
CGNXMLAB
RSI
ODDS (%)
Bullish Trend 4 days ago
58%
Bearish Trend 4 days ago
77%
Stochastic
ODDS (%)
Bullish Trend 4 days ago
74%
Bearish Trend 4 days ago
79%
Momentum
ODDS (%)
Bearish Trend 4 days ago
68%
Bullish Trend 4 days ago
63%
MACD
ODDS (%)
Bearish Trend 6 days ago
62%
Bullish Trend 4 days ago
72%
TrendWeek
ODDS (%)
Bearish Trend 4 days ago
64%
Bullish Trend 4 days ago
70%
TrendMonth
ODDS (%)
Bearish Trend 4 days ago
62%
Bullish Trend 4 days ago
69%
Advances
ODDS (%)
Bullish Trend 15 days ago
65%
Bullish Trend 4 days ago
65%
Declines
ODDS (%)
Bearish Trend 6 days ago
66%
Bearish Trend 6 days ago
77%
BollingerBands
ODDS (%)
Bullish Trend 4 days ago
78%
N/A
Aroon
ODDS (%)
Bearish Trend 4 days ago
79%
Bullish Trend 4 days ago
64%
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CGNX
Daily Signalchanged days ago
Gain/Loss if bought
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MLAB
Daily Signalchanged days ago
Gain/Loss if bought
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CGNX and

Correlation & Price change

A.I.dvisor indicates that over the last year, CGNX has been loosely correlated with NOVT. These tickers have moved in lockstep 64% of the time. This A.I.-generated data suggests there is some statistical probability that if CGNX jumps, then NOVT could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To CGNX
1D Price
Change %
CGNX100%
-0.83%
NOVT - CGNX
64%
Loosely correlated
+0.03%
VNT - CGNX
59%
Loosely correlated
+0.41%
MKSI - CGNX
56%
Loosely correlated
+0.99%
TRMB - CGNX
51%
Loosely correlated
+1.27%
ST - CGNX
51%
Loosely correlated
-0.29%
More

MLAB and

Correlation & Price change

A.I.dvisor indicates that over the last year, MLAB has been loosely correlated with NOVT. These tickers have moved in lockstep 49% of the time. This A.I.-generated data suggests there is some statistical probability that if MLAB jumps, then NOVT could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To MLAB
1D Price
Change %
MLAB100%
+0.52%
NOVT - MLAB
49%
Loosely correlated
+0.03%
ESE - MLAB
40%
Loosely correlated
+1.39%
FARO - MLAB
39%
Loosely correlated
+1.72%
TRMB - MLAB
37%
Loosely correlated
+1.27%
FTV - MLAB
36%
Loosely correlated
+1.65%
More